News

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

The Analyst: Japan is looking like an interesting bet

I have to cast my mind back to 1987 to recall a sustained period of stock market volatility similar to the spell in recent weeks. Rises and falls of 1 per cent, 2 per cent or 3 per cent a day are seemingly a matter of course, along with a few bigger ones of close to 5 per cent sprinkled in. Hardly a helpful environment for long-term investors already frightened of committing funds to the markets. A possible solution is to drip-feed money into areas you think offer value on the poorer days, though even this can be tricky psychologically.

Major investors demand answers from Olympus

Olympus's second-largest shareholder yesterday demanded answers to the issues raised by its ousted chief executive over four takeovers and joined calls for an independent investigation.

Finance director quits as The Hut ditches float

The finance director of The Hut, which is backed by some of retail's biggest stars, has quit the online retailer abruptly after it ditched plans for a flotation this year.

Finance director quits The Hut after it drops plans for flotation

The finance director of The Hut, which is backed by some of retail's biggest stars, has quit the online retailer abruptly after it ditched plans for a flotation this year.

Olympus investors demand review

Chief executive's removal after only two weeks prompts questions over controversial transactions

Stephen Foley: Argos is in crisis. When will its management admit it?

Outlook If only it was just a publicity stunt: "Argos announces joint venture in China, in vain attempt to distract from its profits wipeout in the UK."

US house prices in fourth monthly rise

US house prices managed a fourth consecutive month of gains, offering a glimmer of hope in one of the most important but depressed areas of the world economy. Prices were up 0.9 per cent in July compared to June, according to the latest S&P Case-Shiller index of the 20 largest metropolitan areas, although they remained 4.1 per cent below July 2010.

Stephen Foley: News Corp investors should reject Murdoch's minimalist shake-up

US Outlook: Rupert Murdoch's message to the corporate governance campaigners snapping at News Corp could not be any bolder if he had written it on the front page of one of his tabloids: Stick it up your punter.

Charter opens its books after Melrose ups its offer

Melrose moved closer to its goal of buying Charter International yesterday, with the engineering group agreeing to open its books after the manufacturing buyout firm raised the value of its possible offer.

David McNeill: No shame in Tesco's failing to crack Japan

The Tesco juggernaut, seemingly unstoppable in the UK, has ground to a halt in Japan. Eight years after arriving in Tokyo with ambitious plans to become a big player in the world's third largest market, the retailing giant is pulling out.

Japan: 500,000 take part in quake drills

More than half a million people took part in annual drills across Japan yesterday to prepare for disasters.

Hargreaves and Lansdown cash in on dividend rise

Hargreaves Lansdown, the investment broker, shrugged off choppy markets and the threat of a crackdown by regulators to post a 46 per cent rise in earnings and a 41 per cent increase in the assets it looks after for clients.

Fall for autumn's foliage

As the trees begin their magnificent transformation from green to gold, Chris Leadbeater offers options far and wide to see them in all their blazing glory

Letter from the editor: Happy return to work

Thank you for your feedback on our changes — although I can tell from i’s mailbag, that so many of you have been away.

Why the Fukushima disaster is worse than Chernobyl

Japan has been slow to admit the scale of the meltdown. But now the truth is coming out. David McNeill reports from Soma City

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn
Alistair Carmichael: 'The UK as a whole is greater than the sum of its parts'

Alistair Carmichael: 'The UK as a whole is greater than the sum of its parts'

Meet the man who doesn't want to go down in history as the country's last Scottish Secretary
Legoland Windsor's master model-makers reveal the tricks of their trade (including how to stop the kids wrecking your Eiffel Tower)

Meet the people who play with Lego for a living

They are the master builders: Lego's crack team of model-makers, who have just glued down the last of 650,000 bricks as they recreate Paris in Windsor. Susie Mesure goes behind the scenes
The 20 best days out for the summer holidays: From Spitfires to summer ferry sailings

20 best days out for the summer holidays

From summer ferry sailings in Tyne and Wear and adventure days at Bear Grylls Survival Academy to Spitfires at the Imperial War Museum Duxford and bog-snorkelling at the World Alternative Games...
Open-air theatres: If all the world is a stage, then everyone gets in on the act

All the wood’s a stage

Open-air productions are the cue for better box-office receipts, new audiences, more interesting artistic challenges – and a picnic
Rand Paul is a Republican with an eye on the world

Rupert Cornwell: A Republican with an eye on the world

Rand Paul is laying out his presidential stall by taking on his party's disastrous record on foreign policy
Self-preservation society: Pickles are moving from the side of your plate to become the star dish

Self-preservation society

Pickles are moving from the side of your plate to become the star dish
Generation gap opens a career sinkhole

Britons live ever longer, but still society persists in glorifying youth

We are living longer but considered 'past it' younger, the reshuffle suggests. There may be trouble ahead, says DJ Taylor